HSBC launches renminbi bonds for retail investors
HSBC began marketing a two year bond issue denominated in Chinese renminbi on Monday in its first deal targeted at retail investors in Hong Kong.
HSBC has set a coupon of 2.6% for the debt sale, which will be worth at least Rmb1bn. The subscription period runs from August 18 to September 4.
The retail-targeted deal follows a Rmb1bn floating rate note aimed at institutional investors in June, HSBC's first bond issue denominated ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
